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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: NateC who wrote (10372)	4/14/1999 7:51:00 PM
From: Woz	Respond to of 14162

NateC & Herm, The list is compiled by private individuals, not sure their affiliation with any stock brokers. I'm pretty sure they are totally independent. There is an email link to a Don Johnson at the bottom of the main page. Perhaps you could email him to request and compile this info that you need. Of course such a survey will probably take a few months.

To: NateC who wrote (10372)	4/14/1999 8:47:00 PM
From: jebj	Read Replies (1) \| Respond to of 14162

Nate, FYI, don't know why but some - and only some - of your posts do not fit on the screen. I must scroll to the right to read a sentence. You're last post was one that did this - I have noticed others every now and then. As I mentioned, it is not all your posts and have never had the problem with anyone elses. jb

To: NateC who wrote (10372)	4/14/1999 9:13:00 PM
From: Mark Z	Respond to of 14162

Off Topic Nate - If all that concerns someone is price, that's a great listing. I want to know if anyone of them will phone the MM while I'm on the phone to them...and confirm my limit order. Ameritrade did this for me once........ If you go with a "real" broker...Schwab maybe...will they do this?? Schwab will. Definitely. Brown, Discover, Quick & Reilly won't. That, too, I know from experience. Back to our discussion of runaway 'net stocks. I had an LKGAT leap (CMGI Jan 00 100) covered by a GCBEB (May 99 210) call. The 'natural' got to the point where I felt it best to cash out on Monday so I placed an order with Schwab to buy back the GCBEB and sell the LKGAT for a net credit of 107 + change. The natural was on the order of 108 so I was hoping for a quick fill. I waited a few hours and no fill. So I called Schwab. Not only did they call directly down to the exchange but they filled me for 109.875. Yup, 1/8 point from what I'd have gotten if I tied up that $11k for another month. So, yes, I paid much more in commissions (a tad under $80 total) than other brokers but I got a $200 better fill + the service. I should note that I'm what's called 'Schwab Platinum' which is presumably a 'premium' service. And lest it sound like I'm beating the drum for them, their web site sucks (too many unnecessary pretty graphics that slow down load times + their server farm can't keep up with the growth in their customer base) & if you're not in the Platinum service program, hold times on the phone are way too long. Nonetheless, I'm convinced after my poor experiences with Discover, Brown & Quick & Reilly and after several bouts of Schwab's 'price improvement' that its better to pay for quality. BTW, Schwab doesn't phone the MM. Schwab is the MM. They have reps on each of the 4 options exchanges who will work your orders. Brown, Discover, et al sell your order to a third party who can, and sometimes will, take any price improvement and put it in their own pockets.